Lands' End (LE) director tenders 288 shares into $45-per-share cash offer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANDS' END, INC. director Alicia Uhlman Parker reported an open-market sale of common stock tied to a tender offer. She sold 288 shares at $45.00 per share on the stated date pursuant to a cash tender offer by LEWHP, LLC. After this sale, she directly holds 3,508 shares of Lands' End common stock.
The tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., covers up to 2,222,222 outstanding shares at $45.00 per share in cash, according to the accompanying Offer to Purchase and related Letter of Transmittal.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 288 shares ($12,960)
Net Sell
1 txn
Insider
Parker Alicia Uhlman
Role
Director
Sold
288 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 288 | $45.00 | $13K |
Holdings After Transaction:
Common Stock — 3,508 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 288 shares
Sale price per share: $45.00 per share
Shares held after transaction: 3,508 shares
+1 more
4 metrics
Shares sold
288 shares
Common stock sold by director in tender-offer transaction
Sale price per share
$45.00 per share
Cash consideration in tender offer for Lands' End common stock
Shares held after transaction
3,508 shares
Director’s direct ownership following the Form 4 sale
Tender offer size
2,222,222 shares
Maximum outstanding shares subject to LEWHP, LLC cash tender offer
Key Terms
tender offer, Offer to Purchase, Letter of Transmittal, outstanding shares
4 terms
tender offer financial
"Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary"
A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.
Offer to Purchase regulatory
"upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026"
An offer to purchase is a formal proposal from one party to buy a specific amount of shares or assets from another party at a set price. It matters to investors because it signals interest in acquiring ownership and can influence the value or control of a company. Think of it as someone putting forward a clear, serious offer to buy something they find valuable.
Letter of Transmittal regulatory
"and the related Letter of Transmittal."
A letter of transmittal is a written form investors use when sending physical stock certificates or electronic ownership documents to a company or its agent to surrender shares, tender them in an offer, or claim payment or replacement securities. It acts like a packing slip that lists what is enclosed, gives instructions on how the transfer should be handled, and provides proof of the transaction—important for ensuring investors receive the correct payment or new securities without delay or dispute.
FAQ
What insider transaction did Lands' End (LE) director Alicia Uhlman Parker report?
Director Alicia Uhlman Parker reported selling 288 shares of Lands' End common stock. The shares were sold at $45.00 per share in connection with a cash tender offer, and the transaction was classified as an open-market or private sale.
What are the key terms of the Lands' End (LE) tender offer mentioned in the Form 4?
The tender offer, made by LEWHP, LLC, covers up to 2,222,222 outstanding Lands' End common shares. It offers $45.00 per share in cash, subject to the terms and conditions in the Offer to Purchase dated February 26, 2026, as amended.
Who is LEWHP, LLC in relation to the Lands' End (LE) tender offer?
LEWHP, LLC is the purchaser in the tender offer for Lands' End shares. It is described as a wholly owned indirect subsidiary of WH Topco, L.P., and is offering $45.00 in cash per share for up to 2,222,222 outstanding common shares.
Was the Lands' End (LE) insider sale part of a structured tender offer process?
Yes. The Form 4 footnote states the shares were sold pursuant to a tender offer by LEWHP, LLC. The offer is governed by an Offer to Purchase dated February 26, 2026, as amended, and a related Letter of Transmittal setting out detailed terms and conditions.